£285,772
This estimated value is based upon the latest sale price for the house of £281,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for THURROCK 1
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46 Bridge Road, Grays, RM17 6BU
Phone: 01375659042
| Price Paid | Date |
|---|---|
| £281,000 | 31 Mar 2023 |
| £240,000 | 6 Oct 2011 |
| £150,000 | 12 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 164 sq meters or 1,765 sq feet |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in March 2023 the House Price Index for THURROCK was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £281,000 results in an estimated price of approximately £285,772.
| 31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £281,000 | £4,772 | £285,772 |
The Postcode Pricing Model uses changes in average sales price within the RM17 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -2.109 % | £-5,926 | £275,073 |
| 3 Month Average | 3.679 % | £10,338 | £291,338 |
| 6 Month Average | -4.532 % | £-12,734 | £268,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £97,474 | £95,000 | FLAT 1 TRASA COURT GIPSY LANE |
| 24 Nov 2023 | £287,293 | £280,000 | 7 CEMENT BLOCK COTTAGES |
| 31 Mar 2023 | £285,772 | £281,000 | 18 BROADWAY |
| 24 Nov 2022 | £308,557 | £310,000 | 16 BROADWAY |
| 31 Mar 2022 | £234,885 | £225,000 | REAR OF 26 WHITEHALL LANE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 22 Nov 2019. Using an estimated price of £285,772 means this house is valued at £1,742 per sq meter (£161 per sq foot).
The average size of a house on BROADWAY is 93 sq meters (1,007 sq feet).
This house is the largest in the street with a floor area of 164 sq meters (1,765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Broadway |
| Oct 2024 | Anti-social behaviour | On or near Blockhouse Road | |
| Sep 2024 | Burglary | Under investigation | On or near Blockhouse Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Blockhouse Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blockhouse Road |